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Filing year 2023

MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC

Memphis, Tennessee·EIN 23-7308001·NTEE A200 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$2.5M
Total assets
$1.6M
Total expenses
$3.2M
Reported officers
23
Mission

ORGANIZED FOR THE PURPOSE OF PROVIDING AND SUPPORTING RECREATIONAL, EDUCATIONAL, SOCIAL AND CULTURAL EVENTS AND ACTIVITIES, FOR THE CELEBRATION OF THE CITY OF MEMPHIS, PEOPLE OF MEMPHIS, AND THE PEOPLE OF OTHER CULTURES AND COUNTRIES OF THE WORLD BY INTRODUCING MEMPHIS TO THE WORLD AND THE WORLD TO MEMPHIS THROUGH THESE ANNUAL EVENTS AND ACTIVITIES THAT HONOR A SELECTED COUNTRY OF THE WORLD.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in Tennessee.

Past President and CEO
75th to 90th percentile
$211k
$231k
Base
$197k
Bonus
Other
Benefits
$14k
CEO and President
75th to 90th percentile
$174k
$190k
Base
$161k
Bonus
Other
Benefits
$13k
VP of Sponsorship
Vice President
75th to 90th percentilevs Arts, Culture & Humanities peers nationwide
$155k
$169k
Base
$143k
Bonus
Other
Benefits
$12k
VP of Marketing
Vice President
Median to 75th percentilevs Arts, Culture & Humanities peers nationwide
$115k
$125k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 19 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC equaled 7% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
7%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 9%
from 2022

From $232k in 2022 to $211k in 2023.

$232k
2022
$211k
2023
In today's dollarsEst.
Down 13% in real terms$265k to $231k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 9% from 2022 to 2023, while revenue fell 70%.

$232k in 2022 to $211k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC

What does the Chief Executive Officer of MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC earn?

In 2023, the Chief Executive Officer of MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC received $211,356 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Tennessee, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Tennessee, the 2023 pay of the Chief Executive Officer at MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC equaled 7% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC's revenue and expenses?

In 2023, MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC reported $2.5M in total revenue and $3.2M in total expenses on its IRS Form 990.

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